GmbH & Co. KG (LLP) shelf company
Limited partnership (KG), without a general partner GmbH for takeover, available from our portfolio and ready for immediate use.
- Immediately available
- Bank account of your choice
- Location of your choice
Our shelf GmbH & Co. KGs are lawfully established, entered in the commercial register, and free of any liabilities. The share capital of EUR 25,000 (GmbH) and the limited partner's contribution/liability capital of EUR 500 (KG) have been paid in full into a bank account set up for each respective company. Once you take over the GmbH & Co. KG, it is ready for immediate use.
from EUR 31,800
Shelf company bank account
All of our shelf companies come with a bank account with full paid up share capital. We offer our companies with different account models.
Shelf companies with a transferable bank account have a bank account that can continue to serve as the company's operating account. The new management has the option to either take over the company's account or have it closed.
Our banks:
- BW-Bank
- Commerzbank
- Deutsche Bank
- HypoVereinsbank
- Nord/LB
- Oberbank
- Qonto
- Sparkasse
To take over the account, the new management must complete a KYC/identification process with the bank. We cannot guarantee the success of this process.
If the KYC process is unsuccessful, the bank account will be closed and any funds paid in will be transferred to a bank account of your choosing.
Advantages:
- Once KYC/identification with the existing bank has been completed successfully, you will have an operating account in place.
- We provide guidance on the account transfer, including direct contacts at the bank.
- You can close the account and switch to a different bank at any time.
We also offer shelf companies with a cheque model. The existing account is used solely for paying in the share capital. Such an account cannot be continued as an operating account.
After the purchase of a shelf company with such an account, the new management receives an order cheque from us in the amount of the share capital paid in (for a shelf GmbH, this is a cheque for EUR 25,000).
You can then open an account for the shelf company at your existing bank or at another bank of your choice, and pay in the cheque there. Once the cheque has been paid in, the shelf company's old bank account is automatically closed.
Advantages:
- You can take your time contacting a bank of your choice to open a new account.
- If the bank has already identified you, KYC/identification for the newly established company account tends to proceed quickly, based on our experience.
- No account closure fees apply.
The choice of bank account is a critical point. You can put a shelf company to legal use immediately after acquiring it. However, taking over the bank account is a separate matter, and a particular challenge.
The right choice of bank largely depends on the nationality and place of residence (or registered office) of the buyer and the new management. Please share these details with us, and we will support you in selecting a suitable bank.
Advantages of shelf companies
Purchasing a shelf GmbH to act as general partner is an alternative to setting up a new company: the general partner GmbH is already entered in the commercial register, the share capital of EUR 25,000 has already been paid up, and it becomes capable of acting once the transfer has been notarised.
- Reservation
- Notarial acquisition
- Business use
Duration: < 24 hours
M&A Ready
We operate in situations that demand the highest level of professionalism – the acquisition of a German target company, the restructuring of an investment fund, the sale of a real estate portfolio, the market entry of a foreign company, or the takeover of a German Mittelstand company by an international investor. Whether in a bilateral trade sale, a structured bidding process, or a public deal – our managing directors take on responsibility as part of our corporate services offering: lawfully, discreetly, and with relevant expertise in M&A, finance, and corporate law.
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Corporate Services
We offer a comprehensive range of corporate services – for companies at every stage of their development. We assist you with ongoing administration as well as transaction-related tasks – regardless of whether this involves the purchase of a shelf company.
More information
The process follows the shelf-company purchase but concerns the two-tier structure of a general-partner GmbH and a KG. After payment of the purchase price is secured, the interests in both companies are transferred and the management of the general-partner GmbH is newly appointed. Because GmbH shares are transferred, a notary appointment is required; both companies are already registered, so the structure is able to act from the notary appointment.
A shelf GmbH & Co. KG costs EUR 31,800 at Blitzstart, including the share capital of the general-partner GmbH of EUR 25,000 and the limited partner's contribution of the KG of EUR 500. Both companies have their own fully paid-in bank account. Notary fees for the transfer of the GmbH shares are added.
Handed over are the incorporation documents, commercial-register extracts and articles of association of both companies, the draft purchase agreement and the seller's power of attorney. The buyer provides the identification documents of the future partners and managing directors. The documentation is available in German and English.
Yes. The general-partner GmbH and the KG are already established, registered and linked as a structure. For the acquisition this means that both companies are transferred in one process and no two-tier incorporation is required.
The structure is ready to use from the notary appointment, once the transfer has been notarised and the management appointed. As both companies are already registered, the otherwise multi-stage incorporation of a GmbH and a KG does not apply.